The quarter shows disciplined cost management that delivered positive adjusted EBITDA and materially improved SG&A, and pockets of growth and margin improvement in Europe, Asia Pacific and outsourced services. However, those positives are overshadowed by substantial year-over-year revenue declines (consolidated down 18.4%), steep deterioration in consulting revenue and profitability, gross margin pressure from healthcare and seasonality, and a GAAP net loss driven in part by one-time charges. Management outlined a clear turnaround strategy but expects further near-term sequential softness in revenue and margins as they execute restructuring and reposition the business.

Company Guidance

Management guided third-quarter revenue of $105–$110 million, gross margin of 35–36%, run-rate SG&A of $40–$42 million and non-run-rate/non-cash charges of $6–$7 million, noting early-Q3 weekly revenue run rates are largely consistent with Q2; for context Q2 consolidated revenue was $117.7 million (down 18.4% same‑day constant currency), gross margin 37.1%, adjusted EBITDA $4.0 million (3.4% margin), run‑rate SG&A $39.7 million (15% improvement y/y from $46.5M), $11.9M of one‑time transition/RIF costs and a GAAP net loss of $12.7M. Other metrics: pay bill ratio improved 97 bps, enterprise average bill rate $121 CCY (vs. $123 a year ago) with consulting bill rates +6.4% and on‑demand/Europe & Asia Pac bill rates +2.4%; segment results were On‑Demand revenue $43.0M (-18.4%) with $4.1M adj EBITDA (9.5%), Consulting $42.6M (-28.8%) with $4.5M adj EBITDA (10.4%), Europe & Asia Pac $20.1M (+0.6%) with $1.5M adj EBITDA (7.4%), and Outsourced Services $9.4M (+0.8%) with $1.7M adj EBITDA (18.4%); balance sheet: $89.8M cash, zero debt, $2.3M quarterly dividends, $79M repurchase capacity remaining, and a recent RIF affecting ~5% of management/admin headcount expected to save $6–8M annually.

Adjusted EBITDA and Cost Discipline

Delivered adjusted EBITDA of $4.0 million in Q2 (3.4% margin), exceeding expectations despite revenue being below consensus; run-rate SG&A improved meaningfully to $39.7 million (a 15% reduction from $46.5 million a year ago) driven by a reduction in force and lower variable spend.

Strong Balance Sheet and Capital Flexibility

Ended the quarter with $89.8 million in cash and cash equivalents, zero debt, paid quarterly dividends of $2.3 million, and $79 million remaining under the share repurchase program, supporting balanced capital allocation.

Europe & Asia Pacific and Outsourced Services Stability and Growth

Europe & Asia Pac revenue grew modestly by 0.6% year-over-year to $20.1 million with stable segment adjusted EBITDA of $1.5 million. Outsourced services revenue rose 0.8% to $9.4 million and segment adjusted EBITDA increased to $1.7 million (18.4% margin, up from 16.4%).

Segment Bill Rate and Pay-Bill Improvements

Reported enterprise average bill rate of $121 (constant currency). Management noted bill-rate improvements on a segment basis: consulting +6.4% and on-demand +2.4%; company also achieved a 97 basis point improvement in pay-bill ratio.

Actions to Right-Size Cost Structure

Executed a targeted reduction in force impacting ~5% of management/admin headcount expected to yield $6–$8 million in annualized savings; company is conducting a broader 12‑month cost-structure assessment and plans additional actions including automation/AI adoption to improve efficiency.

Strategic Moves and Leadership

New CEO Roger Carlisle emphasized a three-pronged strategy (align cost structure, refocus on on-demand offerings, scale consulting). Integration of ReferencePoint planned by year-end to strengthen consulting capabilities; Scott Rotman named president of consulting services to drive CFO advisory and digital transformation growth.

Resources Connection (RGP) Earnings, Revenues Date & History

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RGP Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Apr 08, 2026	2026 (Q3)	-0.10 / -	-1.34	―	―	―
Jan 07, 2026	2026 (Q2)	-0.01 / 0.06	-2.08	102.88% (+2.14)	―
Oct 08, 2025	2026 (Q1)	-0.20 / -0.07	0	―	―
Jul 24, 2025	2025 (Q4)	-0.04 / -2.23	0.28	-896.43% (-2.51)	―
Apr 02, 2025	2025 (Q3)	-0.22 / -1.34	0.17	-888.24% (-1.51)	―
Jan 02, 2025	2025 (Q2)	<0.01 / -2.08	0.28	-842.86% (-2.36)	―
Oct 01, 2024	2025 (Q1)	<0.01 / 0.00	0.2	―	―
Jul 18, 2024	2024 (Q4)	0.06 / 0.28	0.44	-36.36% (-0.16)	―
Apr 03, 2024	2024 (Q3)	0.02 / 0.17	0.37	-54.05% (-0.20)	―
Jan 03, 2024	2024 (Q2)	0.17 / 0.28	0.59	-52.54% (-0.31)	―

The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.

Beat

Missed

RGP Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jan 07, 2026	$5.27	$4.50	-14.61%
Oct 08, 2025	$4.88	$4.68	-4.04%
Jul 24, 2025	$5.12	$5.62	+9.87%
Apr 02, 2025	$6.36	$5.10	-19.76%

Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.

FAQ

When does Resources Connection (RGP) report earnings?

Resources Connection (RGP) is schdueled to report earning on Apr 08, 2026, After Close (Confirmed).

What is Resources Connection (RGP) earnings time?

Resources Connection (RGP) earnings time is at Apr 08, 2026, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is RGP EPS forecast?

RGP EPS forecast for the fiscal quarter 2026 (Q3) is -0.1.